Achieving event sponsorship success requires more than just securing funding; it’s about building lasting relationships that benefit both your event and your sponsors. In this guide, we’ll explore the strategies you need to maximize your sponsorship opportunities and create successful partnerships year after year.
TABLE OF CONTENTS
Key Takeaways
Event Sponsorships
The lifeblood of events or the ultimate test of patience?
Let’s be real—without sponsors, many events wouldn’t even get off the ground. Sponsors bring the cash flow, in-kind services, and products that make our events not just possible but memorable. They help us wow attendees and create experiences that keep people talking long after the event ends. But here’s the thing: landing the right sponsors isn’t just about sending out a fancy proposal and crossing your fingers. It’s about strategy, persistence, and, sometimes, sheer nerve.
Why Sponsorships Matter (and Why They’re a Headache Worth Having)
Sponsorships are more than just a logo on a flyer. They’re partnerships that, when done right, can take your event from “just another gathering” to “the must-attend event of the year.” But to get there, you need a game plan. You need to be ready to market, network, build relationships, and, yes, sometimes swallow your pride.
Speaking of Pride… Let Me Tell You a Story
Picture this: I’d just landed a new contract with a local event, and one of my top priorities was securing sponsorship. Easy, right? Just tweak a few things from the previous volunteer group’s efforts, polish the sponsorship packages, and watch the money roll in. Or so I thought.
There was one local business that, to my utter disbelief, hadn’t sponsored this event in years. It made zero sense—the event’s attendees were their customers, and the event practically happened in their backyard. I figured they should be the event’s biggest sponsor. But after a little digging, I found out why they’d been MIA: bad blood. The kind that makes you think, “Uh-oh, what have I gotten myself into?”
But hey, I’m nothing if not optimistic. I walked into that store, introduced myself to the owner, and pitched my shiny new sponsorship package. And you know what? The owner didn’t throw me out. Instead, she unloaded years of pent-up frustrations about how the previous organizers had done them wrong. There I was, listening to this laundry list of complaints, my jaw practically on the floor. But I kept my cool, let her vent, and promised to take her concerns back to the event board.
Fast Forward to Our Next Meeting
I’d managed to get the board to agree to all the store owner’s requests: reimbursing transaction fees, keeping spending local, and—this is the big one—giving them the recognition they deserved. So, with a smile on my face, I headed back to the store, ready to seal the deal.
I sat across from both owners, full of confidence, and started my pitch. That’s when Dave, one of the owners, fixed me with a stare that could cut glass and said, “Cyndie, I invited you here today so I could tell you to go f*ck yourself,” flipping me the bird for emphasis.
Now, I’ll admit, that threw me for a second. But sometimes, being quick on your feet is the only thing that’ll save you. I looked Dave right in the eye and said, “Dave, I hear you. You were treated poorly before, and that’s on us. But this is now. I’m new; the event has new organizers, and we’re here to start fresh. So, how are we going to make you our top-tier sponsor?”
Believe it or not, we pulled it off. Why? Because I had a plan. We offered real value—recognition in all our media, ticket sales at their location with reimbursement for their fees, and more. By the end of that first event cycle, they didn’t just meet our top-tier sponsorship level of $4,000; they blew it out of the water with over $10,000 in in-kind support and products.
Moral of the Story?
Building relationships and having a solid plan is everything. Without it, you’re just another person with their hand out. With it, you’re the person who makes things happen. And that’s what we’re going to dive into today—how to create a winning sponsorship strategy that keeps your sponsors coming back year after year.
Understanding Sponsorship Success
What is sponsorship success?
Sponsorship success isn’t a one-size-fits-all deal. It’s not just about slapping a logo on a banner and calling it a day. True sponsorship success is about creating a win-win situation where both the event and the sponsor walk away feeling like they hit the jackpot.
So, what does that look like? It’s when your sponsors see a real return on their investment (ROI), whether that’s through increased brand visibility, a boost in sales, or deepened relationships with their target audience. It’s when your attendees are engaging with the sponsor’s brand in meaningful ways—think interactive booths, exclusive offers, or unforgettable experiences that make them go, “Wow, I need to check this company out!”
Key Metrics: Measuring Success
You might be wondering, “How do I know if I’ve nailed it?” Here’s where the metrics come into play. Start by tracking ROI—not just in dollars but in impressions, social media engagement, and attendee feedback. Did your sponsor get a flood of new followers after the event? Did attendees leave buzzing about the cool swag they picked up at the sponsor’s booth? These are all signs that your sponsorship was a hit.
Brand visibility is another big one. How often was your sponsor’s logo seen? Was it featured on event signage, social media, or even in local media coverage? And don’t forget attendee engagement. Did people stop by the sponsor’s table? Were they talking about the sponsor’s involvement on social media? These indicators give you a clear picture of whether your sponsorship delivered the goods.
The Importance of Aligning Goals
Here’s the kicker: even if you’ve got the best metrics in the world, none of it matters if your sponsor’s goals don’t align with your event’s objectives. If your sponsor is all about promoting their eco-friendly products, but your event’s focus is on high-octane, adrenaline-pumping experiences, you’re setting yourself up for a mismatch made in marketing hell.
Aligning goals is about more than just matching themes, though. It’s about being willing to make exceptions to the rules to keep your sponsors happy—and that’s okay! Sometimes, a little flexibility goes a long way in securing long-term relationships.
Example: When Flexibility Pays Off
Let me paint you a picture. I once worked with an event that included tickets as part of their sponsor recognition package. There was this one sponsor who came back every year, handing over $300 just to snag a ticket for herself and her two boys, plus all the usual business recognition perks.
But then, her oldest son turned 18. Naturally, she asked if she could swap one of the child tickets for an adult one. Now, I could’ve stuck to the rules, but here’s the thing: by giving her that extra ticket (a $30 difference), I ensured she’d stay on as a $300 sponsor rather than just buying her tickets for $120. I did the math, and you bet I’d rather have $300 in my pocket than quibble over a ticket swap.
This is what I mean by aligning goals. It’s about understanding what your sponsor needs and finding a way to make it work—without sacrificing the overall integrity of the event. And when you do this right, you’re not just making a sponsor happy for one year—you’re building a relationship that can last for many years to come.
Creating a Compelling Sponsorship Proposal
Let’s take a look at what goes into a successful event sponsorship proposal.
Securing sponsorships is about more than just asking for money—it’s about building a mutually beneficial partnership. A strong sponsorship proposal doesn’t just outline what you need; it showcases what you can offer. It’s your chance to demonstrate how your event aligns with the sponsor’s goals and why your partnership is a golden opportunity they can’t afford to miss. In this section, we’ll walk you through the key elements that make up a winning sponsorship proposal, from understanding your audience to crafting a persuasive pitch that stands out.
Know Your Audience
First things first—(and yes, we say this a lot), if you want to land a sponsor, you need to know who you’re talking to. Generic proposals won’t cut it, especially when your sponsors are looking for specific outcomes. But here’s the good news: you don’t need a big research budget to get this right. It’s all about understanding how your event attendees match the key demographics of your potential sponsors.
Think about who attends your event. What are their interests, age range, or purchasing habits? Do they match the target market of the sponsors you’re aiming for? If you’re interested in taking a deeper dive into defining your target audience, check out our article: Customer Personas: Your Guide to Marketing Success, which can also help you identify potential sponsors.
Anyways, where were we? Ah, yes, an example about why knowing your audience is important.
For example, we once landed a substantial sponsorship deal with a well-known Manitoba brewery because their products aligned perfectly with our audience. Beer sales skyrocketed that weekend, making the partnership a win-win. A few years later, we brought on a different brewery as a sponsor. While just as prominent, their product lineup didn’t resonate with our crowd, and sales were soft.
Here’s what we learned:
Sponsorship money isn’t everything. If your sponsor’s products don’t connect with your audience, it could cost you more in the long run. We would have made far more money at the bar with a broader beer selection than we did by taking that particular sponsorship deal.
So, remember, it’s not just about landing a sponsor—it’s about ensuring that both your sponsors and your audience benefit from the relationship. When their goals align, everyone wins.
Pro Tip for Event Sponsorship Success:
You don’t need to go overboard with research, but do take the time to understand your event demographics. Segment your potential sponsors based on how well they align with your audience’s interests. Even a quick rundown of your event stats can help you create proposals that feel tailored, not templated.
Elements of a Winning Proposal
Alright, you’ve done your homework. Now it’s time to create a proposal that’ll knock their socks off. This is where you turn your event into something irresistible, something sponsors can’t afford to miss. Let’s break it down.
Value Proposition
Your event isn’t just another date on the calendar—it’s an opportunity for sponsors to connect with their target audience in a meaningful way. But to make them care, you’ve got to show them why your event stands out.
Is it the demographics of your attendees? Maybe your event attracts a crowd that’s right in their sweet spot—whether that’s young professionals, outdoor enthusiasts, or families. Do you draw significant media coverage? If local news, bloggers, or influencers regularly cover your event, that’s a selling point. How about the community impact? If your event supports a charity or drives local business, that’s another reason for sponsors to get involved.
Pro Tip for Event Sponsorship Success:
Be specific. If your event consistently attracts 2,000 attendees who are 25-40 years old with a median income of $70K+, mention that. Numbers speak louder than vague promises. Paint a picture that makes them say, “We need to be part of this!”
Benefits & ROI
Now, let’s talk about what’s in it for them. Sponsors want to know how you’ll help them achieve their goals, so this is where you outline the benefits in clear, tangible terms.
Forget the generic promises. Go beyond the usual logo placements and mentions. Think about how you can drive real value. Maybe it’s offering exclusive access to your mailing list, premium booth space, or even the chance to speak at your event. Can you provide data on audience engagement?
For example, “Our social media shoutouts have an average reach of 10,000 users per post.” Or maybe, “Our attendees spend an average of $50 at vendor booths.” These kinds of details show sponsors the real potential ROI.
And when you’re laying out your sponsorship tiers, make sure each level offers something distinct. If your top-tier sponsor gets a dedicated feature in your post-event wrap-up video, make sure mid-tier sponsors are getting value, too—like a spotlight in your event program or a featured post on your social channels.
Pro Tip for Event Sponsorship Success:
Consider offering an “ROI Projection” section in your proposal where you lay out potential benefits in numbers—like expected brand impressions, potential sales leads, or estimated foot traffic to their booth. The more specific you are, the easier it is for sponsors to see the value.
Customized Packages
Sponsors aren’t all the same, so your proposal shouldn’t be either. Offering tiered or customized sponsorship packages gives your potential partners the flexibility to choose a level that suits their goals and budget.
Think creatively here. For example, your highest-tier package might include a full-blown marketing campaign with custom content, social media promotion, and exclusive branding opportunities at the event. Maybe it even comes with a few VIP tickets they can give to clients or employees. For mid-tier sponsors, you might offer a mix of online and offline visibility—like a featured post-event blog mention or inclusion in a targeted email blast. Lower-tier sponsors could still get value from logo placement but also consider adding perks like discounted future sponsorships or inclusion in a sponsor directory handed out at the event.
Pro Tip for Event Sponsorship Success:
Don’t be afraid to ask sponsors what they’re looking for. A quick conversation can help you tailor a package that meets their needs and makes them feel valued. Customization shows that you’re willing to go the extra mile, and that can be the difference between a yes and a no.
The Pitch: Making Your Case
Creating a sponsorship proposal isn’t just about listing benefits—it’s about telling a story that captivates and convinces. Your goal is to paint a vivid picture of what the sponsorship will achieve, how it aligns with the sponsor’s goals, and why it’s a no-brainer for them to get involved.
Creating the Narrative
Your pitch should be a narrative that seamlessly intertwines your event’s story with the sponsor’s brand. Start by identifying a problem or opportunity that resonates with the sponsor—maybe they’re looking to break into a new market, gain exposure to a specific demographic, or support a cause that aligns with their corporate values. Then, present your event as the perfect solution. Show them how partnering with you will not only address their challenges but also deliver lasting value. It’s not just about the immediate benefits; it’s about creating a partnership that feels like a win-win.
Pro Tip for Event Sponsorship Success:
Back up your narrative with data and success stories. Sponsors want to see proof that their investment will deliver results. Share case studies from previous events where sponsors saw tangible benefits, whether that’s increased sales, media coverage, or social media buzz. Numbers don’t lie, and real-world examples can be the tipping point that convinces a sponsor to say yes.
Bonus Pro Tip for Event Sponsorship Success:
Don’t underestimate the power of presentation. A polished, branded proposal can make a world of difference. Incorporate design elements that reflect your event’s branding, and think outside the box with your presentation. I’ve even used branded envelopes and packaging for proposals I mail out. It sets the tone before the sponsor even opens it, creating excitement and anticipation. Believe me, when sponsors call you just to say how much they loved the envelope, you know you’re on the right track. This is the kind of buzz you want to generate from the moment they receive your pitch.
Selling and Delivering Your Sponsorship Package
It’s the key to driving event sponsorship success!
Once you’ve created a killer sponsorship proposal, it’s time to sell it—and that’s where the real work begins. Securing sponsorship isn’t just about sending out proposals and waiting for responses. It’s about building and nurturing relationships, tailoring your pitch, and following through with persistence. Let’s dive into how to effectively communicate the value of your sponsorship package and make a compelling case to potential and past sponsors.
Understanding Your Sales Approach
Selling a sponsorship package isn’t just about pitching a proposal; it’s about building relationships and demonstrating the unique value your event offers. Here’s the reality: sponsors don’t need your event to run a successful marketing campaign—they have plenty of options. But you need their sponsorship to run a successful event. That’s why your approach should focus on treating your sponsors like rockstars, whether you’re reconnecting with past sponsors or reaching out to potential new ones.
Delivering the Sponsorship Package
How you deliver your sponsorship package can make a big difference in how it’s received. A professional, engaging, and personalized delivery not only leaves a lasting impression but also sets the tone for a successful partnership.
Follow-Up: The Crucial Next Step
Follow-up is where you turn interest into commitment. Remember, sponsoring your event isn’t your sponsor’s top priority—they’ll get to it when they get to it. Your job is to stay on top of them without being pushy.
Closing the Deal
You’ve done the legwork, and now it’s time to seal the deal. Negotiation is often where deals are made or lost, so be prepared to be flexible.
Delivering on Commitments
If you are after event sponsorship success, don’t let your sponsors down.
I bet you thought your sponsorship job was over when you secured that latest sponsor—but wait, there’s more! Delivering on your promises and keeping your sponsors happy is what will make or break your event’s future sponsorship success. In this section, we’ll dive into how to keep your sponsors informed, engaged, and satisfied from the moment they sign on until long after the event has wrapped up.
Communication is Key
Don’t just take your sponsor’s contribution and hide. Communication is the foundation of any relationship, so let’s take a look at when and how we should communicate with our sponsors.
Before the Event: Keep Sponsors in the Loop
Regular communication with your sponsors before the event is crucial to setting the stage for a successful partnership. This means more than just sending them the sponsorship package and calling it a day. Keep your sponsors updated on the event’s progress, any changes to the schedule, and how their contributions are making a difference. When you communicate consistently, your sponsors feel involved and valued, and they’re more likely to be enthusiastic about their participation.
Pro Tip for Event Sponsorship Success:
Schedule periodic updates—via email or phone—to share exciting news, such as new event features or promotional opportunities. This keeps sponsors engaged and reassures them that they’re investing in something worthwhile.
During the Event: Make Sponsors Feel Like VIPs
The event day is where the magic happens, and it’s your job to make sure your sponsors feel like the rock stars they are. From the moment they arrive, ensure they are welcomed, recognized, and appreciated. Whether it’s through special shout-outs, prime seating, or exclusive access, show your sponsors that their support is crucial to the event’s success.
Pro Tip for Event Sponsorship Success:
Assign a dedicated team member to liaise with sponsors during the event. This person can address any concerns, provide updates, and ensure sponsors are experiencing the event’s value firsthand.
Bonus Pro Tip for Event Sponsorship Success:
Don’t forget to document the event! Take plenty of photos of at-event displays, especially sponsor banners and branded areas. This not only serves as proof of delivery but also allows you to personalize post-event reports. Visual evidence of their brand in action is a powerful tool in reinforcing the value of their sponsorship.
After the Event: The Power of the Post-Event Follow-Up
Once the event wraps up, your job isn’t done. Post-event follow-up is where you turn a good sponsorship into a great one. Start by sending a personalized thank-you note to each sponsor—no exceptions. Sponsors should never feel like their contribution was taken for granted.
But don’t stop there. Share a detailed post-event report that outlines how the event went, the impact of their sponsorship, and key metrics that demonstrate ROI. This report is your chance to show sponsors that their investment paid off and to lay the groundwork for future partnerships.
Pro Tip for Event Sponsorship Success:
Create a post-event report template that includes sections for audience demographics, engagement metrics, media coverage, and photos of their brand at the event. Personalize this report for each sponsor, especially the ones who contributed to visual displays.
Bonus Pro Tip for Event Sponsorship Success:
It’s frustrating how often the simple act of saying “Thank you” is overlooked. In an era where it seems everyone feels entitled to your money or services, genuine gratitude stands out. You can never thank your sponsors enough! Express your appreciation sincerely and often—it’s the least you can do for the people who helped make your event possible.
Measuring and Reporting ROI
When evaluating the success of a sponsorship, numbers don’t lie. Be transparent in your reporting. If something didn’t go as planned, acknowledge it and discuss how you’ll improve next time. Honesty builds trust and shows that you’re committed to continuous improvement. To provide your sponsors with a clear picture of their ROI, track these key metrics:
Continuous Improvement: Learn from Every Experience
No event is perfect, and there’s always room for improvement. Each event provides valuable lessons that can help you elevate future sponsorship experiences. The key to continuous improvement lies in actively seeking feedback from your sponsors and making it a point to reflect on your own observations.
Maybe a sponsor mentioned they didn’t receive the visibility they expected, or perhaps they had suggestions on how to enhance engagement during the event. Take this feedback seriously, and use it as a roadmap to refine your approach for next time. Sponsors want to feel like their input matters, and showing them that you’re willing to adapt based on their feedback will only strengthen your relationship.
Accountability Matters
We’re all human, and sometimes, despite our best efforts, things get overlooked. Maybe you missed a deliverable, forgot to follow through on a commitment, or something unexpected happened that impacted your sponsor’s experience. When this happens, the best course of action is to own up to your mistake. Sincerely apologize and make it clear that you value the sponsor’s partnership.
More importantly, take action to make things right. Perhaps you can offer to bump them up a tier for next year’s event, give them additional visibility in your post-event communications, or spotlight them in a dedicated social media campaign. Going the extra mile to correct an error can turn a potential setback into an opportunity to build even stronger trust with your sponsors. They’ll appreciate your honesty and your willingness to go above and beyond to maintain the relationship.
Real-World Example: John Peter’s Feedback Strategy
My buddy John, who is over at John Peter Events, sets the gold standard when it comes to sponsor and vendor feedback. He runs several trade shows across Manitoba and consistently gets top marks in this category. At every event, John ensures that a feedback form is handed out to all vendors and sponsors. But he doesn’t stop there—he also emails a copy of the feedback form to everyone after the event to make sure he captures as much input as possible.
John’s commitment to feedback goes beyond just collecting forms. Since his job is mostly done when the event doors open, he spends his time actively engaging with vendors and sponsors, getting their feedback in real time. He makes it a point to have conversations with them, listen to their concerns, and understand their experiences firsthand.
But what really sets John apart is what he does with that feedback. He painstakingly reviews it and makes every effort to implement changes based on the suggestions he receives. It’s truly impressive how dedicated he is to producing events that cater to the needs and desires of his sponsors and vendors. His approach not only improves the quality of his events but also fosters long-term relationships with those who participate.
John’s strategy is a powerful reminder that seeking, listening to, and acting on feedback is one of the most effective ways to enhance your sponsorship programs. It shows your sponsors that you’re not just interested in their money—you’re genuinely invested in creating an event that delivers value for them.
Ensuring Long-Term Sponsorship Relationships
Keep your sponsors engaged so they’ll come back year after year!
So, you’ve secured a sponsor, nailed the event, and delivered on your commitments—great job! But if you’re looking to build something lasting, it’s time to shift your focus from transactions to relationships. Long-term sponsorships aren’t just about funding your next event; they’re about creating partnerships that benefit both parties for years to come. Here’s how to make that happen.
Building Relationships, Not Just Transactions
Securing a sponsorship is just the beginning. To truly maximize the value of your partnerships, you need to nurture those relationships beyond the event itself. A sponsor who feels valued and supported is far more likely to return for future events, turning a one-time deal into a long-term collaboration.
Pro Tip for Event Sponsorship Success:
Develop a year-round engagement plan for key sponsors. This could include regular updates, personalized outreach, and invitations to other events. The goal is to keep your sponsors engaged and invested in your organization, not just your events.
Build a Relationship Beyond the Event
To ensure future partnerships, it’s crucial to keep the connection alive after the event ends. Here’s how:
Follow Up with a Thank You and Recap Report
After your event, reach out with a personalized thank you note—whether handwritten or via email—and follow it up with a detailed recap report. Highlight key outcomes such as:
This report not only demonstrates the value they received but also sets the stage for discussions about future collaborations.
Support Your Sponsors’ Businesses
Building a strong relationship often means going beyond the event. One powerful way to do this is by supporting your sponsors’ businesses in return. For example, if one of your sponsors is a local grocery store, consider shifting your own shopping habits to support them. This kind of mutual support fosters a deeper connection and turns sponsors into long-term partners.
Every time you walk into that grocery store with a letter in hand, the owner might greet you with, “What exciting project are we working on now?” That’s the relationship you want to develop—where your sponsors see your events as opportunities to collaborate, not just obligations to fulfill.
Keep the Communication Going
Don’t let the relationship fade after the thank you note. Maintain regular communication with your sponsors throughout the year:
Ask for Feedback
Sponsors want to feel heard. After the event, solicit their feedback on how things went and where improvements could be made. This shows you value their input and are committed to delivering the best possible experience, which is key to securing their ongoing support.
Plan for the Future
Start conversations about future events early. Share any preliminary plans and invite them to participate in the planning process. Giving them a sense of ownership and investment in your event’s success will make them more likely to sponsor again.
Building long-term sponsorship relationships requires effort, communication, and genuine appreciation. By focusing on nurturing these connections beyond the event itself, you’re not just securing funds—you’re creating partnerships that can lead to bigger and better opportunities for both your organization and your sponsors. Remember, the goal is to build relationships that are mutually beneficial, ensuring that both you and your sponsors thrive together for years to come.
Event Sponsorship Success
Final Thoughts
Sponsorship success doesn’t happen by accident—it’s the result of careful planning, consistent communication, and a genuine commitment to building lasting relationships. Let’s recap the key takeaways:
Now that you’ve got the strategies, it’s time to put them into action. Start by taking a fresh look at your upcoming events and applying these tips to secure and sustain your sponsorships. Remember, every step you take toward improving your sponsorship approach is a step toward greater success for your events and your organization.
This process is one I’ve developed and fine-tuned over the years. There’s a bit of work involved, but it definitely pays off. Since 2015, I’ve secured over $1.5 million in sponsorships, whether through in-kind services, cash, or products, for the community events and non-profits I’ve worked with. The great thing about it? Once the initial planning and proposal writing are done, it’s mostly about making minor tweaks year after year. And let’s not forget, connecting and building relationships with sponsors might be work, but it’s the kind of work that gets you out of the office and into the fun of making real connections.
So, get out there, refine your approach, and start turning those sponsorship opportunities into lasting partnerships that fuel your events for years to come. The potential is limitless—you just have to seize it.
We Can Help You Grow!
Helping Manitoba Event Planners with Sponsorship Success.
Struggling to secure sponsorships for your events? Or maybe you’re finding it tough to build lasting relationships with sponsors? It’s frustrating to pour your heart into an event only to see potential partnerships slip away because your process isn’t fine-tuned.
LM Creative can help you develop a seamless sponsorship process and create compelling proposals that not only attract sponsors but also keep them coming back. Our approach focuses on maximizing your sponsorship donations and building relationships that last.
Don’t let another event go by without the sponsorship support you deserve. Get in touch with us today, and let’s start turning your sponsorship challenges into opportunities for growth and success.
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